RBL Bank Ltd IPO Message Board (Page 57)

Septa sir what is fair value rbl bank as per your view ?

I give false statement CA Sahib

Septa sir any updates and view on shree pushkar ? And precision camshafts ?

just looking at the number IMO it is poor result......NP has increased bcoz of less dep and financial exp

Septa sir have a big position at 114 ? Hold karke hi rakhu sir ?

Rbl in jaipur 800 application

Was originally known as Ratnakar Bank Ltd - now RBL .....!

Eagleye ji your Review for RBL

Kostak 700

NOTHING LEFT FOR INVESTORS IN RBL

Premium????

Total no of shares @upper price band = 5,39,09,628
Retail category 35% = 1,88,68,369 shares
No of lots in retail category = 2,90,282.
Applicationswise subscription can be NOT MORE than 4 times.
Expect around 11 lakhs applications in retail category

RBL PREMIUM AND KOSTAK SEND PLZ

Again Linkin time. I will again get NADA if i apply for RBL

Kostak pls ????

septa sir rbl retail me kitna % jayega any view apply karna chaiye ya avoid

thanks for rply sir... how many times scribe in retail ...

looking at kostak and GMP IMO it will be subscribed between 4 to 5 time we could see more application then L&T infotech market pandit r looking at 1.2 million application

Some of my analysis of RBL IPO:

Dates of IPO – 19th August, 2016 to 23rd August, 2016
Price band – Rs. 224 to Rs. 225
Lot size –65
Size of IPO – ~ Rs. 1100 crore

On 21 December 2015, RBL Bank raised Rs.488 crore through a pre-IPO round of fund-raising. Issue price was Rs. 195 per share. This time company is asking Rs. 225. It is OK.

Purpose of IPO:
Augment capital base to meet Bank''s future capital requirements, Enhance their visibility and brand name among existing and potential customers, General corporate purposes. Purpose of IPO is OK.

I have last 5 years financial data. From 2012 to 2016 company’s income is Rs. 532 crore, Rs. 1005 crore, Rs. 1612 crore, Rs. 2356 crore, Rs. 3234 crore respectively. Net profit for year 2012 to 2016 is 65 crore, 92 crore, 92 crore, 208 crore, 296 crore respectively.

During this period, deposits have risen 20 times to Rs 17,099 crore, loan book eight times to Rs 14,450 crore, and net profit from Rs 65 crore to Rs 296 crore. Customer base is increased from 150,000 to 1.8 million.

NPA – 0.27 (2013-14), 0.59 (2014-15).
EPS – Rs. 9.43. P/E - ~23


Strengths:
Well managed Bank in leadership of Mr. Ahuja with core team from global banks. 60% branches in rural area. Lending money in agriculture, micro finance, transportation etc. The bank, which was earlier primarily into lending to local traders in Maharashtra, is now also giving loans to mid-level companies as well as small and medium enterprises. It has also entered treasury, foreign exchange, and trade and cash management segments. In retail lending, it had taken over RBS India''s home loan and credit card businesses.

Challenges as per Mr. Ahuja:
The new set of banks, that is, payments banks and small finance banks, will cause some competition in the beginning due to their higher spending on infrastructure and customer acquisition and ability to operate with low margins to begin with, though they, too, will have to sustain themselves in the longer run.

Grey market premium is started, as of today Rs. 40 and Kostak Rs. 800.
This bank is new and it’s NPA is in manageable level at present. Bank shows robust growth in last five years. Due new in market, it’s NPA will not rise in next few years. Professionally managed bank. Company is asking 23 times from its present earnings. It is comparable with listed peers also.

I suggest apply for this IPO. Investors will get listing gain also. For better returns investors should wait long (2 to 5 years). IPO size is almost similar as MGL and demand from retails is also high. I think allotment is tough in retail (1:4 or 1:5).

K S Maurya,

In finance domain book value doesn''t matter much. Some examples are UCO Bank, Allabad Bank etc. Companies get money through fixed deposits or NCDs etc. are not in count of book value (assets). ROA and ROE is not a benchmark for new company. Company needs to reinvest profit for growth instead of distributing profits to investors. In foreign countries (big economies like US, UK etc.) system of distribution of profit is not popular.

In finance domain P/E ration is also not much useful. Some examples are REC and PFC. Important is asset quality. P/E is useful only for peer comparison. NPA is also very important.
Good governance is also important. Good example is IDFC. Why IDFC and IDFC Bank is trading at low price.

This is new bank and NPA is low at present and in future NPA will remain low because of good management.

Thank you uchit Patel sir

                                                      
      RBL BANK LIMITED                                                
                                                      
      Issue Opens : August 19, 2016                                                
      Issue Closes : August 23, 2016                                                
      Lower Price Band : Rs.224                                                
      Upper Price Band : Rs:225                                                
      ASBA Mandatory - No Cheque Payments                                                
                                                      
                                                      
                                                      
       RBL Bank Limited Retail Bid Details                                                
      At Lower Price Band                        At Cut Off                        
      Bid Lot      Price      Total Amount            Bid Lot      Price      Total Amount            
                  Payable (`)                        Payable (`)            
                                                      
      65      224.00      14560.00            65      225      14625            
      130      224.00      29120.00            130      225      29250            
      195      224.00      43680.00            195      225      43875            
      260      224.00      58240.00            260      225      58500            
      325      224.00      72800.00            325      225      73125            
      390      224.00      87360.00            390      225      87750            
      455      224.00      101920.00            455      225      102375            
      520      224.00      116480.00            520      225      117000            
      585      224.00      131040.00            585      225      131625            
      650      224.00      145600.00            650      225      146250            
      715      224.00      160160.00            715      225      160875            
      780      224.00      174720.00            780      225      175500            
      845      224.00      189280.00            845      225      190125            

Please tell me about RBL Bank IPO. Should I apply for the same.

please add my number in IPO group 9 9 3 7 1 1 5 1 1 5

Please add my number 9850-889134

you started RBL Bank page only on 10th August in the afternoon but comments have been from 8th August?

How is it possible ? Modulator do you post bogus bloggers comments ?

Dear eagle eye
Pls add my number 94-602-88088